#financial results #stock repurchase #Webco Industries

Webco Industries, Inc. Reports Fiscal 2025 Third Quarter Results

Webco Industries, located in Sand Springs, Oklahoma, released its financial results for the third quarter of fiscal year 2025, which concluded on April 30, 2025. The company posted a net income of $5.0 million, translating to $7.05 per diluted share. Comparatively, in the same quarter of fiscal 2024, Webco reported a net income of $6.4 million, or $7.49 per diluted share.

The company's net sales for this quarter reached $155.4 million, reflecting a slight increase of 1.4% from the previous year's sales of $153.2 million during the same quarter. Year-to-date figures for the first nine months of fiscal 2025 show a net income of $2.9 million, or $3.68 per diluted share, down significantly from $11.8 million or $14.30 per diluted share in fiscal 2024 for the same period. Furthermore, net sales for the first nine months totaled $426.5 million, which is a decrease of 6.7% from $457.0 million in the prior year.

Dana S. Weber, the company’s Chief Executive Officer and Chair of the Board, shared insights about the operational landscape, indicating that the third fiscal quarter saw a modest uptick in activity compared to the stagnant business climate observed in recent years attributed to a domestic manufacturing sector recession.